According to a new market report published by Credence Research Inc., “Xylitol Market (By Application (Chewing Gums, Confectionary, Personal Care Products, Pharmaceuticals, Nutraceuticals and Others)), Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the worldwide xylitol market was valued at US$ 683.46 Mn in 2015. It is projected to grow at a CAGR of 6.9% from 2016 to 2023. In terms of volume the global market stood at 159.52 kilo tons in 2015.

Xylitol is used in food products to enhance the taste, color and shelf life. Moreover, it does not reduce the nutritional value of the content present in food products. It can either be used exclusively or with other low caloric sugar substitutes to manufacture sugar-free products. Xylitol usage in foods products is projected to witness an upturn in demand.

The global market for xylitol is driven by rising health concerns coupled with lifestyle disease such as cardiovascular diseases, obesity, and high cholesterol are also increasing consumer awareness regarding calorie intake. Furthermore, increasing applications scope of xylitol in pharmaceuticals, and nutraceuticals segments is projected to drive market growth over the forecast period. Widespread, incidents of diabetes is also contributing towards the overall market growth.

At present, the major concern in the xylitol market is the overcapacity installed globally. Over the last few years, several Chinese players have aggressively increased capacity. This concern remains a major restrain for new entrants into the xylitol market.

Competitive Insights:

The market is highly competitive. To maintain their market presence players need to adopt different strategies. DuPont Danisco is one of the most prominent manufacturers of xylitol globally, with three plants located in Finland, U.S. and China. In addition to DuPont Danisco, other leading players present in xylitol market include Roquette Freres, Shandong Futaste, Cargill, Ingredion, and few Chinese players among others.

Credence Research is a worldwide industry research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.